The assessee withdrawn the application of registration under section 12AB of the Act for pursuing the Registration under Rajasthan Public Trust Act.  The assessee came to know that State Registration is not required if the trust is registered under the Companies Act. The assessee moved an application for restoration which was rejected y the CIT(E). On appeal the Tribunal also affirmed the order of the CIT(E) on the ground that the Revenue has not taken any advantages of the ignorance of the assessee. Appeal of assessee is dismissed.